Ireland

Details

  • Industry: Financial Services, Investment Management
  • Type: Business and industry issue, Publication series
  • Date: 03/08/2012

AIFM Directive Alerts  

AIFMD Remuneration Requirements – ESMA Guidance

The European Markets and Securities Authority (‘ESMA’) has published a consultation paper on proposed guidelines on remuneration of Alternative Investment Fund Managers (‘AIFMs’. These funds will be asked to introduce sound and prudent remuneration policies and structures with the aim of increasing investor protection and avoiding conflicts of interest that may lead to excessive risk taking. The key elements of the guidelines include:

 

  • Types of remuneration
  • Who determines the remuneration policy
  • How to identify the categories of staff covered 
  • Governance of remuneration
  • General requirements on risk alignment
  • Disclosure requirements

 

The consultation runs until 27 September and ESMA aims to publish a final report before the end of 2012, so that they will be in place in advance of the AIFMD transposition deadline of 22 July 2013.

AIFMD Remuneration Requirements – ESMA Guidance
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Investment Management

KPMG in Ireland is one of the leading advisers to the Investment Management and Funds industry.

 

With our award-winning team of integrated professionals from audit, tax and advisory, we provide co-ordinated services to clients of all sizes at local, national and global levels.

Investment Management Contacts

Darina Barrett 

Darina Barrett

Head of FS Markets

darina.barrett@kpmg.ie

+353 1 410 1376

 

brian clavin, partner

Brian Clavin

Head of Investment Management

brian.clavin@kpmg.ie

+353 1 410 1252

 

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